New funding line for young buyers in the Balearic Islands

The regional government has revised the requirements for an annual housing support scheme intended to help people under forty acquire their own home on the islands.

The regional grant rules for housing aid were revised as part of a strategic funding plan; in its annex a particular funding line was redrafted, aimed at younger buyers and targeting real estate in the Balearic Islands.

Specifically, it is envisaged that financial assistance will be granted to facilitate young people’s acquisition of a property intended to serve as their habitual and permanent residence. The Directorate General for Housing and Architecture is responsible for implementation, and the funds come from a budget heading allocated for that purpose. The measure is planned as an annual call.

In addition, the official text refers to an applicable law that provides a special procedure for housing grants. This special mode has been applied since its entry into force to all housing subsidies of the autonomous administration and aims to speed up procedures, allow for quicker payments and ensure an effective and efficient allocation of funds, while preserving the principles of publication, transparency, competition, objectivity, equal treatment and non-discrimination. An article of that law governs the procedure for approving and the content of the funding provisions.

Source

BOIB Núm. 89/2026 · Order · Policy area: Housing · Conselleria d'Habitatge, Territori i Mobilitat · As of: 16/07/2026

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Machine-generated: this post was written automatically as an own-words summary of an official notice in the Butlletí Oficial de les Illes Balears (BOIB). Only the official original document is authoritative.

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